Moser Baer launches the first domestically manufactured information- security token with 80 KB memory

Moser Baer has launched Crypto token for digital signature and e-commerce applications in the information security solutions segment.

This will be the first security token to be manufactured in India with local sales, service and system integration support. The productis is aimed at the e-commerce sector, which has grown from $3.8 billion in the year 2009 to $ 9.5 billion in 2013.

The product is a ready to use robust solution for all key security challenges faced by the e-commerce and digital world such as misuse of digital signatures, account hacking, network snooping, etc.

Speaking on the launch, Deepak Shetty, senior VP -- domestic sales and marketing, Moser Baer said, ''According to Industry reports there has been a 150 per cent growth in e-commerce industry in past few years and the industry is expected to contribute 4 per cent to GDP by 2020.

He said considering the high growth and critical role of e-commerce industry, Moser Baer's  Crypto Token has been introduced in India in technical collaboration with Giesecke & Devrient- one of the world's leading technology providers from Germany.

"The new government has taken multiple steps towards fastening of process and we feel advent of Crypto Token will provide the adequate security impetus to the movement. The market is flourishing in India and we aim to exploit the potential by providing an end-to-end, high-quality, easy to use and reliable product supported by a wide-spread service and sales network.''

Colin Mayne, M D, Giesecke & Devrient India said ''Moser Baer is our trusted partner in this uniquely challenging market. They are finding creative ways to make security technology relevant to Indian businesses. Our collaboration will continue to bring great products to market in the years ahead."

Moser Baer said in a statement, "Being FIPS - 140-2- Level 3 certified (a security certification by Government of United States), it is endowed with strong crypto algorithms like EAL 5+, RSA 2048, elliptic curves and SHA 512 (SHA 2) ensuring high quality and complete security. Based on Public Key Infrastructure (PKI) technology, the token provides dual factor authentication ensuring that only authorised individuals get access to the desired system or network of an organisation.

"This plays an important role in ensuring safe e-mail communications, access to -  virtual private networks, intranets, extranets, brokerage web portalsand secure online banking, e-tendering, e-procurement, etc,"

The statement also said the Crypto Tokent also provides an absolutely protected medium to save digital signatures thus offering a reliable tool for safe filing of taxes and
other transactions in the government and corporate sector.

"Its high level of interoperability makes it compatible with almost all kinds of organisational networks and operating systems. The token has been designed for easy install, use, and integration. Other features giving it an upper hand in the market are its re-usable, lockable,self keeping, blister packaging and an elegant cap-based, dust-resistant and tamper- proof design.